Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

23
Posts
5
Votes
Jonathan Smalls
  • Salem, NH
5
Votes |
23
Posts

Questions About Wholesaling

Jonathan Smalls
  • Salem, NH
Posted Mar 8 2016, 12:47

I've just started to begin to understand what wholesaling actually is within real estate but still have some specific questions that I have not seen answered yet (or couldn't find). 

1. What happens if you don't have a network of cash buyers and your forced to do some hardcore marketing after getting the property under cotract with the seller? How long can you keep the seller waiting for their money, especially if they're desperate to sell immediately?

2. What happens if you cannot find a cash buyer or anyone interested in buying the property? Do you now have to buy it?

3. Does it matter if the seller sees how much profit you're going to be making on the deal? Wouldn't they feel hustled if they could've made an extra 10k on the property?

4. How do you find distressed sellers and how do you build a network of all cash buyers?

Thank you so much for any response you may have. If you can only answer one question that'll be awesome. 

Loading replies...